What impact do interest rates have on loans in the United States?
2024-04-24
What impact do interest rates have on loans in the United States?
Our hypothesis posits that higher interest rates will result in:
These effects are expected to be observed across four types of loans: mortgages, credit cards, auto loans, and student loans.
Quarterly datasets include:
Coverage period: From 2003 to 2023.
Adjusted Amount = (Unadjusted Amount / CPI for Quarter) * 100